$1,490,000
SOLD OCT 15, 2021

990 Cypress Lake Dr Lakeland, TN 38002

6 Beds
5.5 Baths
6,000-6,999 Sq Ft
14.38 Acres

Recently Sold

$213 Per Sq Ft

Highlights

  • Detached Guest House
  • Heated In Ground Pool
  • Sitting Area In Primary Bedroom
  • Water Access
  • Lake On Lot
  • Gated Community

About This Home

As of October 2021

This home is located at 990 Cypress Lake Dr, Lakeland, TN 38002 and is currently priced at $1,490,000, approximately $248 per square foot. This property was built in 2008. 990 Cypress Lake Dr is a home located in Fayette County with nearby schools including Oakland Elementary School, West Junior High School, and Fayette Ware Comprehensive High School.

Last Agent to Sell the Property

Michelle Case

New Home Realty License #333211 Listed on: 08/27/2021

Last Buyer's Agent

Michelle Case

New Home Realty License #333211 Listed on: 08/27/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,255

Year Built

  • Built in 2008

Lot Details

  • 14.38 Acre Lot
  • Brick Fence
  • Landscaped Professionally
  • Sprinklers on Timer
  • Wooded Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 6,000-6,999 Sq Ft Home
  • 6,976 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Window Treatments
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Home Office
  • Storage Room
  • Keeping Room
  • Permanent Attic Stairs

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 6 Bedrooms | 4 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Bathroom
  • Walk-In Closet
  • Dressing Area
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Monitored
  • Security Gate
  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • 5 Car Garage
  • Side Facing Garage
  • Circular Driveway

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Water Access
  • Lake On Lot
  • Covered Patio or Porch

Additional Homes

  • Detached Guest House

Utilities

  • Central Heating and Cooling System
  • Multiple Heating Units
  • Vented Exhaust Fan
  • Well
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 083 083 01312

Community Details

Overview

  • Cypress Lakes Subdivision
  • Mandatory Home Owners Association
  • Community Lake

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,255

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 652A
  • MAAR Subdivision Name: CYPRESS LAKES
  • List Price Per Sq Ft: 214
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 213.59
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 6976
  • Termite Contract: Yes
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 4th of More Bedrooms, 1/2 Bath, 2 or More Baths, Laundry Room, Keeping/Hearth Room, Office
  • Second Story Floor Plan: Primary Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Renovated Bathroom, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 6000 - 6999
  • Bedroom 2 Description: Level 1, Walk-In Closet, Private Full Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 1, Walk-In Closet, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 4 Description: Level 1, Walk-In Closet, Shared Bath, Smooth Ceiling
  • Bedroom 5 Description: Level 1, Walk-In Closet, Shared Bath, Smooth Ceiling
  • Bedrooms: 6
  • Bedrooms Down: 4
  • Fireplace: Vented Gas Fireplace, In Living Room, In Primary Bedroom, Gas Logs
  • Floors/Ceilings: Part Hardwood, Tile, Concrete Floor, Smooth Ceiling
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Equipment: Double Oven, Cooktop, Disposal, Dishwasher, Microwave, Refrigerator, Cable Wired, Separate Ice Maker
  • Living Dining Kitchen: Separate Living Room, Great Room, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Pantry, Island In Kitchen, Washer/Dryer Connections, Keeping/Hearth Room
  • Misc Interior: Excl Some Window Treatmnt, Permanent Attic Stairs, Walk-In Attic, Mud Room, Security System, Smoke Detector(s), Monitored Alarm, Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Separate Guest House, Entry Hall, Storage Room
  • Total Bathrooms: 5.1
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Dressing Area, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Fireplace, Sitting Area, Vaulted/Coffered Ceiling, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Pool Heater, Porch, Covered Patio, Hot Tub, Wooded Grounds, Brick or Stone Fence
  • Exterior Windows: Brick Veneer, Stone
  • Foundation: Slab
  • Pool Description: In Ground
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 5
  • Parking Display: 5
  • Parking Storage: Circular Drive, More than 3 Coverd Spaces, Storage Room(s), Side-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central, 3 or More Systems
  • Security: Burglar Alarm, Monitored Alarm System, Smoke Detector(s), Security Gate
  • Water Sewer: Electric Water Heater, Gas Water Heater, Well Water, Septic Tank

Association/Amenities

  • Neighborhood Amenities: Lake, Gated Neighborhood
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Lake/Pond on Property, Water Access, Professionally Landscaped
  • Lot Number: 4
  • Acreage: 14.38
  • Lot Size: 14.38
  • Price Per Acre: 103616

Multi Family

  • Number Of Rooms: 12

Tax Info

  • Assessor Parcel Number: 083 083 01312

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2021
Closed on
Oct 14, 2021
Sold by
Yarbrough William Troy and Yarbrough Melissa
Bought by
Rapp Gary Lyn and Goolsby Theresa
Seller's Agent
Michelle Case
New Home Realty
Buyer's Agent
Michelle Case
New Home Realty
List Price
$1,490,000
Sold Price
$1,490,000
Current Estimated Value
$1,661,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,587
Avg. Annual Appreciation
0.48%
Original Mortgage
$1,004,500
Outstanding Balance
$927,854
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$590,116

Purchase Details

Closed on
May 20, 2020
Sold by
Troy Yarbrough Jr William
Bought by
Yarbrough William Troy and Yarbrough Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,400
Interest Rate
3.3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,490,000 Memphis Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,004,500 Commercial
Previous Owner $510,400 New Conventional
Previous Owner $424,100 New Conventional
Previous Owner $285,000 Credit Line Revolving
Previous Owner $150,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $1,490,000 0.0% $248 / Sq Ft
08/27/2021 08/27/21 For Sale $1,490,000 -- $248 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,255 $329,475 $44,725 $284,750
2023 $4,255 $329,475 $0 $0
2022 $4,255 $329,475 $44,725 $284,750
2021 $4,255 $329,475 $44,725 $284,750
2020 $4,440 $329,475 $44,725 $284,750
2019 $4,440 $294,550 $44,725 $249,825
2018 $4,440 $294,550 $44,725 $249,825
2017 $4,440 $294,550 $44,725 $249,825
2016 $4,320 $269,100 $31,300 $237,800
2015 $4,320 $269,100 $31,300 $237,800
2014 $4,320 $269,100 $31,300 $237,800
Source: Public Records

Agents Affiliated with this Home

  • Michelle Case

    Seller's Agent in 2021

    Michelle Case

    New Home Realty

    (901) 603-4516

    27 Total Sales

    Michelle Case
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10110769

Memphis Area Association of REALTORS®

APN: 083-013.12

Tennessee Fayette County Lakeland 38002

990 Cypress Lake Dr, Lakeland, TN

This home is located at 990 Cypress Lake Dr, Lakeland, TN 38002 and is currently priced at $1,490,000, approximately $212 per square foot. This property was built in 2008. 990 Cypress Lake Dr is a home located in Fayette County with nearby schools including Oakland Elementary School, West Junior High School, and Fayette Ware Comprehensive High School.

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